In using a moving average forecasting technique,as the number of averaging period,k,increases:
A) the forecast will respond more quickly to recent changes in the data
B) the forecast will be more accurate especially if the data exhibits a trend
C) the moving average will increase in value
D) the moving average approximates the weighted moving average
E) the moving average will smooth out variations
Correct Answer:
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Q2: The value of the correlation coefficient "r"
Q3: "Blips" in the data that follow no
Q4: A time series which has a significant
Q5: Which of the following is NOT a
Q6: Time series models usually incorporate variables or
Q7: The least squares method for linear regression:
A)minimizes
Q8: Consider the following forecast errors.What is
Q9: Consider the following data that was
Q10: The basic exponential smoothing formula is:
A)
Q11: Suppose that you intend to use Solver
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